The Market Yesterday
EGP / USD CBE market average: Buy 17.6037 | Sell 17.7035
EGP / USD at CIB: Buy 17.58 | Sell 17.68
EGP / USD at NBE: Buy 17.60 | Sell 17.70
EGX30 (Wednesday): 14,277 (-0.5%)
Turnover: EGP 1.2 bn (26% above the 90-day average)
EGX 30 year-to-date: +15.7%
THE MARKET ON WEDNESDAY: The EGX30 ended Wednesday’s session down 0.5%. CIB, the index heaviest constituent closed down 0.2%. EGX30’s top performing constituents were: Kima up 3.6%; Domty up 3.5%; and SODIC up 3.3%. Yesterday’s worst performing stocks were: Porto Group down 4.7%; Emaar Misr down 3.3%; and Amer Group down 2.6%. The market turnover was EGP 1.2 bn, and local investors were the sole net buyers.
Foreigners: Net Short | EGP -60.2 mn
Regional: Net Short | EGP -31.1 mn
Domestic: Net Long | EGP +91.3 mn
Retail: 65.5% of total trades | 66.4% of buyers | 64.6% of sellers
Institutions: 34.5% of total trades | 33.6% of buyers | 35.4% of sellers
Foreign: 18.8% of total | 16.3% of buyers | 21.2% of sellers
Regional: 13.3% of total | 12.0% of buyers | 14.6% of sellers
Domestic: 67.9% of total | 71.7% of buyers | 64.2% of sellers
WTI: USD 54.24 (-0.11%)
Brent: USD 60.49 (-0.74%)
Natural Gas (Nymex, futures prices) USD 2.9 MMBtu, (+0.24%, DEC 2017 contract)
Gold: USD 1,276.00 / troy ounce (-0.1%)
TASI: 6,948.49 (+0.2%) (YTD: -3.63%)
ADX: 4,485.16 (+0.12%) (YTD: -1.35%)
DFM: 3,634.72 (-0.03%) (YTD: +2.94%)
KSE Weighted Index: 419.27 (-0.15%) (YTD: 10.31%)
QE: 8,171.2 (+0.08%) (YTD: -21.71%)
MSM: 5,048.78 (+0.76%) (YTD: -12.69%)
BB: 1,279.09 (+0.19%) (YTD: +4.8%)